Huntington Bancshares Incorporated (HBAN)
Huntington Bancshares: Big Improvements In Q2, 52-Week Highs
Huntington Bancshares Incorporated exceeded Q2 earnings expectations with a net income of $474 million. Loans and deposits continue to grow, with average total deposits increasing by $2.9 billion. Asset quality metrics for Huntington Bancshares are mixed, with net charge-offs improving but nonperforming assets to total assets rising.
Huntington (HBAN) Q2 Earnings & Revenues Beat, NII Drops
Huntington's (HBAN) Q2 results reflect improvements in average loans and deposits. However, a fall in NII and elevated expenses are a headwind.
Huntington Bancshares Incorporated (HBAN) Q2 2024 Earnings Call Transcript
Huntington Bancshares Incorporated (NASDAQ:HBAN ) Q2 2024 Earnings Conference Call July 19, 2024 8:00 AM ET Company Participants Tim Sedabres - Director, Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Brendan Lawlor - Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley Erika Najarian - UBS Steven Alexopoulos - JPMorgan Scott Siefers - Piper Sandler Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Jon Arfstrom - RBC Capital Markets Peter Winter - D.A. Davidson Greetings, welcome to the Huntington Bancshares Second Quarter 2024 Earnings Conference Call.
Huntington Bancshares (HBAN) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Huntington Bancshares (HBAN) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Huntington Bancshares (HBAN) Q2 Earnings and Revenues Beat Estimates
Huntington Bancshares (HBAN) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.35 per share a year ago.
Higher Expenses to Hurt Huntington (HBAN) in Q2 Earnings?
Escalating expenses and weakening asset quality are likely to have hurt Huntington's (HBAN) second-quarter performance. A rise in fee income and NII are likely to have offered some support.
Analysts Estimate Huntington Bancshares (HBAN) to Report a Decline in Earnings: What to Look Out for
Huntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Huntington Bancshares Underperforming Relative To Peers, Analyst Downgrades Stock
Piper Sandler analyst R. Scott Siefers lowered Huntington Bancshares Incorporated HBAN to Underweight from Neutral, lowering the price forecast to $11.5.
Allegations Against Huntington Bancshares Incorporated: Schall Law Firm Begins Probe And Encourages Impacted Investors To Reach Out
LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Huntington Bancshares Incorporated ("Huntington Bancshares" or "the Company") (NASDAQ:HBAN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Huntington (HBAN) Plunges 6.1% as 2024 NII Guidance Lowered
Huntington (HBAN) trims 2024 NII projection. The change in guidance is due to weaker loan growth and increased funding costs linked with strong deposit growth.
Huntington Bancshares Slumps on Lowered Net Interest Income Forecast
Huntington Bancshares (HBAN) was the worst-performing stock in the S&P 500 in intraday trading on Monday after the regional lender said it expects net interest income to decline in 2024.
Why Huntington Bank Stock Dropped 5% on Monday
Two months ago, Huntington Bancshares predicted its net interest income would be roughly flat this year. The bank's CFO just changed his mind about that -- and now says interest income will decline.
